CET 440 Final Exam
Review(updated)questions n answers
Contractors are resource managers; their most important resource is equipment.
True or False? - correct answer ✔✔False (labor force is most important resource)
Once the Lawsuit is filed, direct communications between the disputing parties are essentially brought to
an end, with dialogue being confined to the:
a. Owner b. General contractor c. Lawyer d. Engineer - correct answer ✔✔c) Lawyer
In labor relation terms, the meaning of Minority Business Enterprise (MBE) is a business that at least
________ owned and managed by minority group member.
a. 90% b. 70% c. 50% d. 30% - correct answer ✔✔c) 50%
For bid documents, usually the design plan set is included in Project Manual.
True or False - correct answer ✔✔False (design plan separate)
The fact-finding stage in the litigation, will assure both disputing parties that no surprises are going to be
presented in the:
a. Courtroom b. Job-site office c. Bid opening room d. Final inspection - correct answer ✔✔a) Courtroom
In a conflict between the terms of the general contract and the subcontract agreement, the more
specific one, which is the subcontract agreement, will be governed.
, True or False - correct answer ✔✔True
In the international construction projects, the last payment is generally authorized upon:
a. final completion b. substantial completion c. end of warranty period d. all of the above - correct
answer ✔✔b) substantial completion
Liquidated Damages is the charge in $/Day for the number of days the contractor needs to finish a
project beyond the contract award date.
True or False - correct answer ✔✔False (liquidated damages applied when contractor does not perform
work within construction period)
All Changes that made by the owner or the contractor and impacts the contract price and/or the
contract time shall be formalized in _______.
a. an Addendum b. a small contract c. a Change Order d. the Bid package - correct answer ✔✔c) Change
order
In ethics management, moral often related to practices within a provision, while ethics is related to a
norm in a society.
True or False - correct answer ✔✔False (moral is related to norms)
Change Order is an adjustment made to the original contract and must satisfy all the prerequisites of the
original.
True or False - correct answer ✔✔True
If the contractor performs the work requested in the change order without protesting, a later claim by
the contactor that the change was cardinal will not be accepted.
Review(updated)questions n answers
Contractors are resource managers; their most important resource is equipment.
True or False? - correct answer ✔✔False (labor force is most important resource)
Once the Lawsuit is filed, direct communications between the disputing parties are essentially brought to
an end, with dialogue being confined to the:
a. Owner b. General contractor c. Lawyer d. Engineer - correct answer ✔✔c) Lawyer
In labor relation terms, the meaning of Minority Business Enterprise (MBE) is a business that at least
________ owned and managed by minority group member.
a. 90% b. 70% c. 50% d. 30% - correct answer ✔✔c) 50%
For bid documents, usually the design plan set is included in Project Manual.
True or False - correct answer ✔✔False (design plan separate)
The fact-finding stage in the litigation, will assure both disputing parties that no surprises are going to be
presented in the:
a. Courtroom b. Job-site office c. Bid opening room d. Final inspection - correct answer ✔✔a) Courtroom
In a conflict between the terms of the general contract and the subcontract agreement, the more
specific one, which is the subcontract agreement, will be governed.
, True or False - correct answer ✔✔True
In the international construction projects, the last payment is generally authorized upon:
a. final completion b. substantial completion c. end of warranty period d. all of the above - correct
answer ✔✔b) substantial completion
Liquidated Damages is the charge in $/Day for the number of days the contractor needs to finish a
project beyond the contract award date.
True or False - correct answer ✔✔False (liquidated damages applied when contractor does not perform
work within construction period)
All Changes that made by the owner or the contractor and impacts the contract price and/or the
contract time shall be formalized in _______.
a. an Addendum b. a small contract c. a Change Order d. the Bid package - correct answer ✔✔c) Change
order
In ethics management, moral often related to practices within a provision, while ethics is related to a
norm in a society.
True or False - correct answer ✔✔False (moral is related to norms)
Change Order is an adjustment made to the original contract and must satisfy all the prerequisites of the
original.
True or False - correct answer ✔✔True
If the contractor performs the work requested in the change order without protesting, a later claim by
the contactor that the change was cardinal will not be accepted.
